
17 Daniels Street #1 Salem — Photo 1 of 30
$689,000
Investment Analysis — 17 Daniels Street #1
Salem, MA 01970
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01970 carries an estimated $2,560/mo in gross rent — about a 1.96% cap rate and $13,492/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,330
Style
Condominium
Built
1850
In the heart of Salem's historic waterfront district, this lovely townhouse features a first level open floor plan including living room, dining area, and kitchen with lots of cabinets, stainless appliances, and a generous peninsula great for entertaining. The dishwasher, refrigerator, and disposal have all been replaced within the past 2 years. Completing the first level is a one-half bath. Step outside from the kitchen to a fenced in, private brick patio which then leads to the off-street parking. Basement access is from the patio and there's also a separate outside storage shed for this unit. Back inside, the laundry is on the second floor along with the second bedroom which has 2 closets and an en-suite full bath complete with ceramic tile floor and walls. Also on the second floor is a bonus area currently being used as office space. Upstairs on the third floor you will find the main bedroom with large closet and private bath that boasts an oversized walk-in shower with glass tile, double vanity, and built in storage. New high efficiency Burnham gas boiler installed in June 2026, with a transferrable warranty.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Closet, Flooring - Laminate, Open Floorplan
Dining Room
Lvl FirstFlooring - Laminate, Open Floorplan
Kitchen
Lvl FirstFlooring - Laminate, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl SecondMaster Bedroom
Lvl ThirdCloset, Flooring - Laminate
Bedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl ThirdBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity
Listing Agent: Ginny Leblanc
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73567720
